$2,849 Closing Credit*
$239,900
1,968 SqFt
3 Beds
•1 Full Bath, 1 Partial
#50163265, Stephanie Chisholm, Listing Office: KW Platinum Port Huron
Is 48049, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 48049 has remained a Seller's Market.
Key Takeaway
48049 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 48049, MI
How much do homes in 48049, MI cost?
Median Sold Price
$335,000
$145/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$52,500(+18.6%)
Key Takeaway
Homes in 48049 have sold for 18.6% more than they did a month ago.
Summary: The median home sold price in 48049 was $335,000 in November 2024, up 18.6% from last month, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $204.9K | N/A |
| 3 Bedrooms | $205.9K | $300K | +45.7% |
| 4 Bedrooms | $450K | $507.5K | +12.8% |
| 5+ Bedrooms | $245K | $375K | +53.1% |
Summary: 48049 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 45.7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 53.1%.
Median Sold Price Compared To Nearby Zip Codes
| 48006 | $295K | $411.4K | +39.5% |
| 48049 | $282.5K | $335K | +18.6% |
Housing Supply in 48049, MI
How many homes are available in 48049, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 23 | -23.3% |
Summary: The 48049 real estate market had 23 homes for sale in November 2024, a 23.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 48049 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 48049, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 48049 in November 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 48049, MI
How long does it take to sell a home in 48049, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 52 Days | +25.5% |
Summary: Homes in 48049 had an average of 52 days on market in Nov 2024, up by 25.5% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 48049 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 48049; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.